Investing.com - Commerce Bancshares reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.38 on revenue of $347.1M. Analysts polled by Investing.com expected EPS of $1.02 on revenue of $349.89M. .
For the year, Commerce Bancshares shares are up 10.79%, under-performing the Nasdaq which is up 13.53% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Tuesday, July 13, 2021, JPMorgan reported second quarter EPS of $3.78 on revenue of $31.4B, compared to forecasts of EPS of $3.2 on revenue of $29.97B.
UnitedHealth earnings beat analyst's expectations on Thursday, July 15, 2021, with second quarter EPS of $4.7 on revenue of $71.32B. Investing.com analysts expected EPS of $4.43 on revenue of $69.51B
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